Friday, January 7, 2011

Waltham Keeps on Ticking

I know the "keeps on ticking" refers to the old Timex watch ads, but come on, cut me some slack...it ain't easy being funny when you are trying to make pancakes for a middle schooler's breakfast. The reference refers to Waltham as in Waltham Clock, get it?...ah the heck with it.

At any rate Waltham's finest (agents) chimed out 265 single deals in 2010 up from 2009's 235. And they did it in 71 or so days -- 10 days faster than in 2009. Of course, according to MLS, prices dropped to $406,466 from 2009's $414,232 -- maybe that accounted for the "time change" (get it?).

Of course, all is not going according to the time tables in the "Watch City". 123 listings went expired or were cancelled in 2010. In 2009, 93 listings had the springs busted. That's an awful lot of time running out and an awful lot of "ticked off" sellers.

I cannot say what the new year will bring. Will things wind down? or will we move at "warp speed"? Time will tell.

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